VCORE, the new international metaverse token, closes oversubscribed presale


Launched in 2022, VCORE could allow up to 1,000,000 daily active users on the IMVU platform to play and win in the metaverse

LONDON, December 02, 2021 (GLOBE NEWSWIRE) – Today at Enter the metaverse conference in London, Together Labs, announced VCORE (www.getvcore.io), an ERC-20 token that rewards international players, creators and contributors active through the metaverse. Together Labs, the parent company that launched the token, announced that VCORE will be available to users outside of the United States and Canada through its IMVU platform – the leading and most lucrative social friend discovery app. .

VCORE is a key step in accelerating virtual economies and will set the stage for future growth in the metaverse at large. New token launched in 2022, VCORE should give its users access to a new type of economy where every player can participate in the future of the metaverse.

“This initial presale was aimed at connecting and engaging the key strategic crypto and metaverse buyers who are familiar with our space – and we couldn’t be happier to have this group selected as part of our project,” said John Burris Chief Strategy & Blockchain Manager of Together Labs. “When we launch VCORE next year, we’ll have a double punch with our first token – VCOIN, a globally transferable fiat-backed token – and now VCORE to power the next-generation Metaverse economy.”

Presale participants (or their foreign affiliate) include:

  • BITKRAFT Companies, the global investment platform for games, esports and interactive media with investments in Immutable, Manticore, Anzu, Frost Giant and Yield Guild
  • Sky9 Capital which focuses on driving innovation in the internet, business and deep technology with leadership from DappReview, Binance and CoinMarketcap and stakes in Blockchain.com, MetaWorld and more
  • Executives at GoldenTree Asset Management who hold investments in Coinbase (pre-IPO), ConsenSys and Animoca Brands.
  • Skip the capital which has a large crypto portfolio including 0x, BitGo, BlockFi, Coinlist and others

“TogetherLabs has pioneered the avatar-based social network for years. With the built-in token economy and support for NFTs, this will empower users and change the way players share, create and connect with each other in the metaverse, ”said Vincent Niu, Partner at Sky9 Capital. “We are excited to be a key part of the initial presale as we believe the team and the platform have tremendous potential.”

“Unlike other social networks, IMVU’s game mechanics and content marketplace uniquely position it for Web3 and to naturally incorporate cryptocurrency and NFTs,” said Scott Rupp, Founding General Partner by BITKRAFT Ventures. “BITKRAFT saw this unique advantage and is excited to partner with Together Labs to support the launch of VCORE and unleash the full potential of IMVU’s virtual economy for its active ecosystem of creators and gamers.”

Other participants also include: PEER business partners; Co-intelligence fund; Meteorite laboratories; and Marina Capital.

VCORE will be launched within IMVU’s thriving virtual goods and services economy. IMVU has over 15 years of experience building an actively engaged community with over 200,000 active creators and over 1,000,000 daily active users. Only international users (non-US residents and non-Canadians) will be able to purchase and use VCORE. US and Canadian residents will have access to buy, gift, earn and hold VCOIN, the globally available digital asset launched in January 2021.

“The launch of VCORE is a milestone for the IMVU metaverse and its global user base. It’s rare for a new token to have such a large immediate audience, ”said Daren Tsui, CEO of Together Labs and IMVU. “Now, VCORE allows us to reward our international members for their commitment. As players explore, earn and shape the future of the Metaverse, VCORE allows them to retain real value in its success.

Together Labs is building the next generation metaverse economy, which includes a number of complementary blockchain initiatives.

Enter the metaverse, which is held in London, is hosted by Technological circus as part of a series of events focused on the future of technology.

For more information on VCORE, please visit www.getvcore.io. To learn more and register on IMVU, please visit: www.imvu.com.

About IMVU
Based in Silicon Valley, IMVU (imm-view) is the world’s largest social and friendship discovery platform, and one of the top 5 top-grossing apps in the iOS / Apple App Store and Google Play Store, where millions of users personalize their avatars and explore over 40,000+ destinations to connect with each other. Through chat and events, IMVU’s massive metaverse enables and strengthens friendship and human connection. A community of hundreds of thousands of users powers IMVU’s peer to peer economy by designing and selling virtual goods and destinations, adding to a growing catalog of 50 million items. The IMVU experience is available on the the Web, a desktop application and as ios and Android application.

About VCORE
VCORE is an international-only ERC-20 token that rewards players and creators for building the future metaverse and earning for their engagement. VCORE will first be integrated directly into the massive IMVU metaverse and will enable the international community to shape the future economy. Along with VCOIN and NFT, VCORE is another essential building block to accelerate the transition to a full blockchain economy, setting the new economic standard. For more information visit www.getvcore.io (no access for American or Canadian people).

About Together Labs
Together Labs innovates in technologies that allow people around the world to connect, create, and earn money in virtual worlds. Our mission is to redefine social media as a catalyst for authentic human connection through the development of a family of products anchored in this core value. These include: IMVU, the world’s largest social and friendship discovery platform; VCOIN, the first transferable digital currency approved by regulation; VCORE, an ERC-20 token that allows the community to create, play and win in the Metaverse; and WithMe, a future mobile platform.

Media contact:
Transformation group: [email protected]

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